The Roosevelt Townhomes

707 - 713 10th Avenue N · Fargo, ND 58102

All ListingsFinancials
Asking Price
Inquire
Price / Unit
Inquire
Units
12
Buildings
4
Avg. Monthly Rent
$1,900
Year Built
2024

Financials

Available on Request

The Roosevelt Townhomes Financials

Financials for The Roosevelt Townhomes are available on request. Send a quick inquiry and Ben will follow up with the details.

Inquire for Financials

Investment Highlights

A premium 12-unit townhome project in North Fargo. Class-A finishes and a city-approved PILOT tax incentive structure that enhances near-term operating cash flow, transferable with the sale.

  • New Construction. Built ground-up by Gro, completed Q4 2024, stabilized Q1 2025. Minimal forward capex.

  • PILOT Tax Incentive. City-approved Payment-in-Lieu-of-Taxes structure; details in due diligence.

  • Premium Rents. $1,900/unit/month; 2,100 SF 3BR/2BA.

  • Infill Location. Adjacent to downtown Fargo, Sanford medical campus, and primary employment cores.

Property Details

Unit Mix

Unit TypeUnitsAvg. SF
3 BD / 2 BA122,100
Total / Avg.122,100

Building Addresses

BuildingUnitsUnit Type
707 10th Avenue N33 BD / 2 BA
709 10th Avenue N33 BD / 2 BA
711 10th Avenue N33 BD / 2 BA
713 10th Avenue N33 BD / 2 BA
Total12

Property Facts

Property type
Townhomes
Units
12
Buildings
4
Year built
2024
Stabilized
Q1 2025
Total SF
25,200
Lot size
28,984 SF (0.665 acres)
Parking
Attached garage
Amenities
Washer, dryer, quartz countertops
Utilities
Tenant-paid
Construction
Slab on grade
Special Assessments
Low (infill site)

Location

Fargo, ND

707 - 713 10th Avenue N, Fargo, ND 58102

Drone view of The Roosevelt Townhomes, property outlined

For More Information, Contact

Ben Waswick

Commercial Real Estate Agent

Raboin Realty

(701) 680-0453ben@raboinrealty.com
ContactGro Intentionally. Invest Confidently.

Inquiries

Contact Ben

Goes directly to Ben.

Gro Portfolio

More Deals from Gro

View All Gro Listings
Center Street exterior
Multifamily

Center Street

West Fargo, ND

Units
22
Asking
$2.75M
Per Unit
$125K
Total SF
23,992
Avg. rent $1,179/moView Deal →
15th Avenue Multifamily exterior
Multifamily

15th Avenue Multifamily

Fargo, ND

Units
16
Asking
$2.4M
Per Unit
$150K
Total SF
15,808
Avg. rent $1,059/moView Deal →
10th Avenue exterior
Townhomes

10th Avenue

Fargo, ND

Units
21
Asking
$3.98M
Per Unit
$189K
Total SF
36,456
Avg. rent $1,475/moView Deal →
32nd Street Townhomes exterior
Townhomes

32nd Street Townhomes

Fargo, ND

Units
8
List Price
$240K
Total SF
13,888
Avg. rent $1,517/moView Deal →